Rajasthan: Investors summit garners business deals worth Rs 6.5 lakh crore

Industries department has inkedMoUsandLoIsworth Rs 6.50 lakh crore during the roadshows of investor summit which now stands postponed.

The department had conducted roadshows in Dubai and six other cities in the country. While in the Mumbai roadshow, MoUs worth Rs 1.94 lakh crore were signed, Delhi came second at Rs 1.05 lakh crore.

As a general practice, after signing MoUs, investors tend to approach other state governments for bargaining a better deal for their investments.

The department has also signed MoUs and LoIs with investors fromRajasthanas well. A senior official in the BIP said that Rajasthan has contributed about Rs 80,000 crore to the total proposed investments.

As per the data, the proposed investments will create EMPLOYMENT opportunities for 3 lakh people.